CD Tesis
Pengaruh Likuiditas Dan Siklus Konversi Kas Terhadap Nilai Perusahaan Dengan Ukuran Perusahaan Sebagai Pemoderasi Pada Sektor Consumer Goods Industry Yang Terdaftar Di Bei Periode 2016-2019
This research aims to test and analyze liquidity, cash conversion cycle to
firm value and to test and analyze company size moderate liquidity and cash
conversion cycle to firm value. This research uses purposive sampling method.
The population in this study is the Consumer Goods Industry Sector Company.
The sample and this research are 124 samples that have met the criteria. The
technique of collecting data with documentation is done by collecting
documentary data sources, including annual reports and financial statements of
companies that are the research sample. The data analysis technique uses
classical assumption test, multiple linear regression and Moderated Regression
Analysis (MRA).
The results of hypothesis testing in this study are liquidity and cash
conversion cycles have an effect on firm value. The size of the company influences
and strengthens the liquidity relationship on the value of the company, this is
because the higher the assets owned by the company tend not to use debt
financing, thus companies that have high liquidity have large internal funds, so
companies will choose internal funding first rather than using external funding
such as debt so that the value of the company will be better. Likewise, the size of
the company influences and strengthens the relationship between the cash
conversion cycle and the value of the company. The higher the total assets owned
by the company, the Consumer Goods Industry sector, the management will be
more flexible in using the assets in the company for the benefit of the company's
operations so that it will have a positive impact. and provide an increase in the
Cash Conversion Cycle to the value of the company.
Key words : Liquidity, Cash Conversion Cycle, Firm Size and Firm Value.
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